Big Gold Silver-Stock Buying – will extend their down rallies or not?

Is gold and silver weak or strong from this Monday? Comex gold prices ended the week with a loss of 3.11% plus silver 5.2% down and many traders still buy and sell based on technicals. You should to think something about Ukraine/Russia…

“In commodity market, fundamental factors are playing big role rather than technical levels.” said Mr.Dev.

I am expecting next week, weaker prices. On Friday, I said, “Gold new targets: 29650-29560” (if you don’t remember then read our previous newsletter again: Gold and Silver tips) and my premium members still on hold from Thursday OB… And I am going to add new target 29360 for smart investors. Strong hurdle is 29866 level and if closing above hurdle means we’ll look gold @ 30K-30.5K. As well as, silver may continue fall 44340-44050 below and more information about silver updated to premium members.

We already discussed about gold and silver above so let’s start with Zinc. I had written Zinc targets: 118.6-118.1 before market opening bell and it kissed our first target! As well as, natural gas also kissed first target and on the way to touch next one.. What else you want from us and FREE readers, what you expect about MCX NCDEX now..???

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.